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Boehner Says U.S. Default Would Be Finance ‘Disaster’

U.S. Speaker of the House John Boehner said today that a U.S. default would be a “financial disaster” and that the issue is not “even on the table.”

Boehner said in an interview on “Fox News Sunday” that the Obama administration must be willing to work with Republicans to cut spending if it seeks an increase in the government’s debt ceiling.